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Corporate entry Melbourne Biomedical Precinct Office (c. 2019 - )

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c. 2019Melbourne, Victoria, Australia

Location

766 Elizabeth Street, Melbourne

Summary

In 2019 the State Government of Victoria Department of Jobs, Precincts and Regions was established. The Office of the Melbourne Biomedical Precinct sits within this department. Its aim is to support collaboration and development of the Melbourne Biomedical Precinct.

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Details

The Daniel Andrews Labor Victorian State Government identified a number of 'priority sectors' in which to invest and develop. In March 2016 the Victorian State Government published Medical Technologies and Pharmaceuticals Sector Strategy explicitly designating the medical technology and pharmaceuticals sector a priority sector and outlining policy directions to support it accordingly.

The Government had also been identifying what it referred to as 'National Employment and Innovation Clusters' (Plan Melbourne, 2017). National Employment and Innovation Clusters are geographical areas that "offer significant opportunities for employment, economic and investment growth for the state"(Melbourne Biomedical Precinct,2017).

In 2019 the State Government of Victoria Department of Jobs, Precincts and Regions was established. The Office of the Melbourne Biomedical Precinct sits within this department. It appears the Melbourne Biomedical Precinct developed organically over many years beginning with the establishment of The Royal Melbourne Hospital in 1848 and The University of Melbourne in 1853. According to the Melbourne Biomedical Precinct website (c.2019) there are over 40 hospitals, medical research institutes, biotechnology organisations and Universities in the precinct whose geographical proximity has supported collaboration and is a key strength for the sector.